https://padlet.com/mamilyclarkeland/f02hxt6724xj List all the ways that unemployment can impact upon a business - think about the impact on customers, employees and the business itself en-us 2016-11-15 05:02:42 UTC 2016-11-16 04:50:48 UTC hello@padlet.com https://padlet.com/mamilyclarkeland/f02hxt6724xj/wish/137969945 Loosing tons of money because customers will not be able to afford their products ]]> 2016-11-16 04:43:12 UTC https://padlet.com/mamilyclarkeland/f02hxt6724xj/wish/137969945 https://padlet.com/mamilyclarkeland/f02hxt6724xj/wish/137969972 When there is high unemployment in a country  the customers will be cutting back on spending as they may not have as much. 

]]> 2016-11-16 04:43:26 UTC https://padlet.com/mamilyclarkeland/f02hxt6724xj/wish/137969972 https://padlet.com/mamilyclarkeland/f02hxt6724xj/wish/137970024 Can't buy as many things  as they want because they can't afford it

]]> 2016-11-16 04:43:55 UTC https://padlet.com/mamilyclarkeland/f02hxt6724xj/wish/137970024 https://padlet.com/mamilyclarkeland/f02hxt6724xj/wish/137970036 The business will make less money ]]> 2016-11-16 04:44:04 UTC https://padlet.com/mamilyclarkeland/f02hxt6724xj/wish/137970036 https://padlet.com/mamilyclarkeland/f02hxt6724xj/wish/137970067 if there are less employees the employees that are working may have a higher work load. leading current employees to be demotivated and stressed and they might ask for higher pay]]> 2016-11-16 04:44:28 UTC https://padlet.com/mamilyclarkeland/f02hxt6724xj/wish/137970067 https://padlet.com/mamilyclarkeland/f02hxt6724xj/wish/137970117 no job no money less income less spending power]]> 2016-11-16 04:45:05 UTC https://padlet.com/mamilyclarkeland/f02hxt6724xj/wish/137970117 https://padlet.com/mamilyclarkeland/f02hxt6724xj/wish/137970128 As the customer is unemployed they will be less likely to spend - they would most likely save money 

]]> 2016-11-16 04:45:13 UTC https://padlet.com/mamilyclarkeland/f02hxt6724xj/wish/137970128 https://padlet.com/mamilyclarkeland/f02hxt6724xj/wish/137970138 When the unemployment rate is high, it will consequently lead to customers buying less wants and needs.]]> 2016-11-16 04:45:22 UTC https://padlet.com/mamilyclarkeland/f02hxt6724xj/wish/137970138 https://padlet.com/mamilyclarkeland/f02hxt6724xj/wish/137970151 may have to lower their prices a lot to cater for the lack of customers able to afford their items. Which may then have a toll on the company's profits.]]> 2016-11-16 04:45:30 UTC https://padlet.com/mamilyclarkeland/f02hxt6724xj/wish/137970151 https://padlet.com/mamilyclarkeland/f02hxt6724xj/wish/137970203 less cost for the business as they pay less employees]]> 2016-11-16 04:46:01 UTC https://padlet.com/mamilyclarkeland/f02hxt6724xj/wish/137970203 https://padlet.com/mamilyclarkeland/f02hxt6724xj/wish/137970241 If there is a change in jobs, say there more machinery. Businesses may not need a lot of people and therefore make them redundant. ]]> 2016-11-16 04:46:26 UTC https://padlet.com/mamilyclarkeland/f02hxt6724xj/wish/137970241 https://padlet.com/mamilyclarkeland/f02hxt6724xj/wish/137970287 Less production meaning the customers demand is not met]]> 2016-11-16 04:47:05 UTC https://padlet.com/mamilyclarkeland/f02hxt6724xj/wish/137970287 https://padlet.com/mamilyclarkeland/f02hxt6724xj/wish/137970345 Wages may decrease ]]> 2016-11-16 04:47:35 UTC https://padlet.com/mamilyclarkeland/f02hxt6724xj/wish/137970345 https://padlet.com/mamilyclarkeland/f02hxt6724xj/wish/137970356 May feel uncomfortable as they feel they have low job security as everyone  around them is losing their jobs and the workload will be bigger.

]]> 2016-11-16 04:47:42 UTC https://padlet.com/mamilyclarkeland/f02hxt6724xj/wish/137970356 https://padlet.com/mamilyclarkeland/f02hxt6724xj/wish/137970418 employees might be worried that they will be let go]]> 2016-11-16 04:48:18 UTC https://padlet.com/mamilyclarkeland/f02hxt6724xj/wish/137970418 https://padlet.com/mamilyclarkeland/f02hxt6724xj/wish/137970609 2016-11-16 04:50:35 UTC https://padlet.com/mamilyclarkeland/f02hxt6724xj/wish/137970609